Benzinga | Apr 5, 2021 08:01AM EDT

Ebang International Announces Official Launch Of Cryptocurrency Exchange; Shares Move Higher

Ebang International Holdings Inc. (NASDAQ:EBON, the &quot, Company, &quot, &quot, we&quot, or &quot, our&quot, ))))), a blockchain technology company in the global market, today announced the official launch of its cryptocurrency exchange. Qualified investors will be able to register and trade by visiting the official website at www.ebonex.io.



Mr. Dong Hu, Chairman and CEO of the Company, commented, "The official launch of our cryptocurrency exchange is the result of our continuing investment in research and development. In recent years we have made a considerable investment in R&D talent recruiting, as well as product innovation and iteration. The launch of our cryptocurrency exchange business will not only expand the revenue sources from our cryptocurrency business, but also optimize the development of our blockchain industry chain."

There is no guarantee that the Company's operation of its cryptocurrency exchange will improve the Company's financial performance or results of operations. Shareholders are cautioned not to place undue reliance on this press release, or the forward-looking statements contained herein.